Save Article

House Vote Primes U.S. Firms
To Boost Investments in China

By

Helene Cooper and

Ian JohnsonStaff Reporters of The Wall Street Journal

Updated May 25, 2000 12:01 a.m. ET

The China investment rush is on.

Even before the first vote was cast Wednesday in Congress's decision to permanently normalize U.S. trade with China, Corporate America was making plans to revolutionize the way it does business on the mainland. And while the debate in Washington focused mainly on the probable lift for U.S. exports to China, many U.S. multinationals have something different in mind.